Whirlpool (WHR) Misses Q1 EPS by 5c

Whirlpool (NYSE: WHR) reported Q1 EPS of $2.63, $0.05 worse than the analyst estimate of $2.68. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.69 billion.

"Our record first-quarter results were in line with our expectations and we completed our existing share repurchase program," said Jeff M. Fettig, chairman and chief executive officer of Whirlpool Corporation. "We remain confident in our ability to deliver our 2016 guidance as we capitalize on robust demand in the U.S., new product introductions and strong productivity around the globe."

GUIDANCE:

Whirlpool sees FY2016 EPS of $14.00-$14.75, versus the consensus of $14.68.

For earnings history and earnings-related data on Whirlpool (WHR) click here.

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